The Tuborg Research Centre for Globalisation and Firms

New Research Centre on Industry Dynamics - FIND

With a Semper Ardens Grant of DKK 15 million from The Carlsberg Foundation, a new research centre with the initials FIND (Firms and INdustry Dynamics) will be established at the Department to conduct basic research into mechanisms and consequences of disruption and globalisation.

The adjustments of the market economy to shocks such as technological change or trade liberalisation always go through firms, among others through the process of creative destruction. Yet, society cares about other aggregates and effects, such as employment and welfare. By combining theoretical models of general equilibrium analysis, methods from industrial organization, organizational economics, and register data on firms and individuals, the centre will aim at understanding industry shifts, reallocation mechanisms and firm and individual outcomes. Ultimately, the insights gained from this research will allow researchers to conduct and compare policy experiments and predict the possible economic consequences of various initiatives - such as the introduction of a universal basic income or a robot tax.

The new FIND research centre will be headed by Philipp Schröder, who is joined by a team of senior fellows from Aarhus, including Frederic Warzynski, who co-developed the project, and by a group of distinguished foreign scholars.

The centre is in part co-financed by Aarhus BSS. The Semper Ardens grant for FIND is the first Carlsberg Foundation grant within the field of economics. With this grant the centre’s operating budget is secured for the next six years.